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Bitcoin Miner Riot Platforms Sells 10,599 BTC, Secures $28 Billion AI Data Center Deal

By Coingapestaff

Bitcoin miner Riot Platforms sold 10,599 BTC in the third quarter as it redirected funds toward data center development. The company also secured a 15-year AI infrastructure lease valued at approximately $28 billion. Ad Ad Riot Platforms Cuts Bitcoin Holdings by 79% According to Riot’s November 4 report, the company’s…

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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Artificial intelligence

Computer systems that perform tasks that normally require human intelligence, such as understanding language, recognising images or making decisions.

AI is changing work, media and public services, raising questions about jobs, safety and regulation.

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Data centre

A facility that houses large numbers of servers and networking equipment to store and process data.

Data centres use large amounts of electricity and water, which makes their location a local and climate issue.

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